Consumers in India and the United Arab Emirates live in very different economic and cultural environments, and this study set out to measure how that shapes the way they shop and pay. Surveying 50 people in each country, they found that Indian consumers were more price-sensitive and favored cash, while UAE consumers prioritized convenience, gravitating toward credit cards, mobile wallets, and online shopping. The results offer practical insight for retailers, marketers, and policymakers working across these two fast-growing but culturally distinct markets.
India’s Digital Public Infrastructure (DPI)—including the Unified Payments Interface (UPI) and Aadhaar—has been globally recognized for advancing financial inclusion and efficient governance. This study analyzes data from 2016–17 to 2023–24 the impact of these services on India's GDP.
Global reliance on extractive energy sources has many downsides, among which are inconsistent supply and consequent price volatility that distress companies and consumers. It is unclear if renewable energy offers stable and affordable solutions to extractive energy sources. The cost of solar energy generation has decreased sharply in recent years, prompting a surge of installations with a range of financing options. Even so, most existing options require upfront payment, making installation inaccessible for towns with limited financial resources. The primary objective of our research is to examine the use of green bonds to finance solar energy systems, as they eliminate the need for upfront capital and enable repayment through revenue generated over time. We hypothesized that if we modeled the usage of green bonds to finance the installation of a solar energy system in New Jersey, then the revenue generated over the system’s lifetime would be enough to repay the bond. After modeling the financial performance of a proposed solar energy-producing carport in Madison, New Jersey, financed with green bonds, we found that revenue from solar energy systems successfully covered the annual green bond payments and enabled the installers to obtain over 50% of the income for themselves. Our research demonstrated green bonds as a promising option for New Jersey towns with limited financial resources seeking to install solar energy systems, thereby breaking down a financial barrier.
